7 Fancy Ways To Make Money Online

By BankBazaar | February 20, 2017

7 Fancy Ways To Make Money Online

Today, the world is more tech-dependent than ever. Everything is data driven. That has opened up a world of possibilities for us all, with Investment options, Credit Card offers and even Personal Loans available right at our fingertips.

Additional Reading: Mammoth Offers On Credit Cards

However, if you’re one of those people who likes to lounge about on the internet, reading, browsing or just plain scrolling through your Facebook feed, here’s something for you! You could actually make money out of your favourite pass time. Fancy that!

All you need to do is be extremely good at whatever it is you are doing online (selling a product, performing a service) and be really consistent doing it.

There are multiple ways to make money online. While some ways may seem quite easy, others may require a wee bit more effort. Either way, you will be making money on the side. You could always treat it like passive income, or if you really love doing it, turn it into your primary profession.

Additional Reading: Quirky Money Making Ideas For College Students

Before we tell you about some of the easiest ways to make money, let us give you a few quick tips on how to go about making the right money-making decisions.

  • Be Unique – Make sure you are specialising in something. Find your niche and go rock that domain.
  • Be Authentic –. Deliver what you promised. Never shortchange your customers.
  • Add Value – Always give a little extra because everybody likes to be surprised in a nice way.

Additional Reading: Hear It From A Happy Customer

All set to explore the seven fanciest ways to make money online? We have a difficulty meter for each option that could help you decide. Let’s go:

  1. Social Media Buff

Are you someone that is always online on Facebook? Can you scroll through your twitter feed for hours and not get bored? Do you Instagram your food and your cat all day? Do you love those snazzy snapchat filters?

If you’re a social media buff, you could be making a ton of money. Have you considered digital marketing? Most businesses today run their ad and marketing campaigns on various social media platforms. If you know your social media inside-out and can master tools like Buffer, AdWords and other metric-centric websites that could translate data for you, you’re all set!

Difficulty Level6/10

While social media might seem like fun, the nitty-gritty are pretty complex. This job needs thorough research and constant follow-throughs on your part.

Additional Reading: Tweet, Bank And Post Socially!

  1. Blogger

Starting a blog is another way to make some money online. You could blog about anything – it could be a written blog or just a photo blog. It could be about recipes, pets or even reptilian beings from another dimension for that matter.

There is one major thing to keep in mind here though. You need to buy a domain name for your website. Ideally, your website title should look something like this – “www.yoursite.com.”

If you are building it on WordPress, hire a hosting service and get them to do site maintenance for you. With a little investment and regular writing/posting, your blog could help you generate a fair amount of revenue.

Maintaining a blog, however, requires a lot of patience. You just have to be consistent with your posts. Mind you, it is also a terribly slow process because you are building a dedicated readership. Think of it like building a fan-base. That kind of stuff takes time. Keep calm and deliver great content!

Additional Reading: 7 Unconventional Ways To Make Money

Difficulty Level – 5/10

  1. Vlogger

Yep! That’s a word. It means a ‘video blogger’. If you’re a great talker and are extremely photogenic, then this should be right up your alley! If you could sell a bald man a comb, you should definitely try vlogging. You could be a YouTube or a Vine star. In fact, there are many other platforms that you could upload your videos on.

Your videos could be about anything – right from money management tips to how to eat a hamburger! If you are musically gifted, you could always record your songs and put them up for the world to see.

You could literally make a video on anything, and if it’s good enough, there’s a good chance you could start generating revenue through it.

Video making is not just about hitting record and putting it up. You need to be crafty – like literally. Presentation is a huge deal when it comes to doing anything online. Mastering a few editing and video-specific tools will come in handy.

Watch This: Mumbai On Life Insurance: Funny Video

Difficulty Level8/10

  1. E-Book Author

Sounds super-duper fancy doesn’t it? If you have a flair for writing and can slay with your writing prowess, you should consider writing and self-publishing an e-book. And it doesn’t necessarily have to be a life-altering, Pulitzer-winning piece of literature.

You could write a book about helping people with gardening or how to fund their own startup. You could pen a cookbook or just describe your experience about surviving your engineering course.

You could go on to self-publish your book on Amazon’s Kindle platform or Apple’s iTunes Connect. There are a range of third-party platforms that could get you started on self-publishing.

However, writing a book comes with its own set of difficulties. While self-publishing platforms have low barriers for new entrants, you still have to market your book on your own and deal with the dreaded writer’s block.

Additional Reading: 8 Steps To Start Your Own Business

Difficulty Level – 8/10

  1. Photography Seller/Auctioneer

If you can work magic behind a camera lens, you should totally go ahead and consider the option of selling your photographs online.

You could virtually do this on a website of your own (blog), on social media or just on sites like eBay, Quikr and OLX. If you can license your photos and distribute them, you generate money without having to do anything else but collect a royalty every time the picture is used. Wowza!

If you’ve already mastered your photography skills, all you need to do is research about licensing and start distributing your photographs on the right websites. Voila! Your bank account should see a steady inflow of money.

Additional Reading: Facebook Marketplace – The Friendly Classifieds!

Difficulty Level – 7/10

  1. Website/App Designer

This is a slightly more technical job and would require a higher amount of expertise to execute. However, freelance web/tech development is a great way to make money on the side. There are several websites like Upwork and 99Designs that allow you to offer your technical (or any kind for that matter) services online.

You could also come up with your own idea of launching your own app – it could be a game-based app, an educational app or just a fun drawing/colouring app.

This ranks high on our difficulty level because of the expertise needed in building the app or a website. You could always hire someone to assist you with it, but that would require you to shell out a fair amount from your pocket.

Difficulty Level – 9/10

Additional Reading: Income Tax Returns For Professional Freelancers

  1. Home Renter

Have you ever considered renting your home or a part of it (a room) out on AirBnB or other bed and breakfast services? This is especially awesome if you have a huge house or are living alone.

You could make a pretty penny and enjoy some company at the same time. While this may not prove to be a great money-making project, you could get a steady monthly income for a short period of time.

If you are like reading about crazy psychopaths or watch too many killer-slasher movies, this would be a horrible decision, but otherwise, this is a pretty chilled-out way to make some extra money on the side.

Difficulty Level – 5/10

Once you manage to make some money off some of these options, consider putting it where it multiplies. Read on for some interesting investment options for young professionals like you to help grow your money.

All information including news articles and blogs published on this website are strictly for general information purpose only. BankBazaar does not provide any warranty about the authenticity and accuracy of such information. BankBazaar will not be held responsible for any loss and/or damage that arises or is incurred by use of such information. Rates and offers as may be applicable at the time of applying for a product may vary from that mentioned above. Please visit www.bankbazaar.com for the latest rates/offers.

2 thoughts on “7 Fancy Ways To Make Money Online

  1. AvatarPuneet

    This is good and i must try 2nd one because i have an idea to explore the world of blogging.

    Reply
    1. AvatarTeam BankBazaar

      Hi Puneet,

      We’re glad this information was useful to you. Good luck.

      Cheers,
      Team BankBazaar

      Reply

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